EURGBP is approaching our first support at 0.8885 (horizontal overlap support, 100%, 61.8% Fibonacci extension, short term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 0.8943 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching support where a bounce off this level might see a corresponding rise in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.